Best Prop Firms Trading Rules 2025 – Drawdown, Leverage, Payouts

Compare the trading rules of top prop firms in 2025, including FTMO, MyFundedFX, E8 Markets, and more. Learn about drawdown limits, leverage, news trading, and payout policies.

Trading Rules

Trading Rules. This summary is updated; however, rules frequently change. Always confirm rules with your prop firm.
Prop FirmTrading Rules

FTMO

FTMO
News Trading
  • Prohibited for funded traders (Non-swing accounts).
  • Allowed for swing accounts.
  • Allowed during Evaluation.

the5ers

the5ers
Copy Trading
  • Allowed.
Inactivity Rule
  • You must open at least one trade every 30 days to prevent account termination due to inactivity.
  • Alternatively, you can request to freeze your account for 7 days to 6 months to avoid termination.
Weekend Trading
  • Holding trades over the weekend is prohibited for funded traders (Non-swing accounts).
Capital Allocation Limit
  • 400k max capital per strategy per person.
  • Accounts with identical trading strategies exceeding $400,000 allocated capital may be suspended.
Third-Party Trading
  • Your account must not be traded by any third party.
Position Sizes
  • Opening significantly larger/smaller position sizes or substantially different numbers of positions compared to other trades is prohibited.
Forbidden Trading Practices
  • Provider reserves the right to determine at its discretion if certain trades, practices, strategies, or situations are considered forbidden trading.
Multiple Profile Accounts
  • Opening multiple profile accounts is prohibited.
EAs (Expert Advisors)
  • Allowed.
Minimum Trading Days
  • 4 days.
News Trading
  • Hyper-Growth and Bootcamp: News trading is allowed except for bracket strategies around news.
  • High Stakes: Executing orders 2 minutes before until 2 minutes after high-impact news is prohibited.

Topstep

Topstep
Copy Trading
  • Allowed for High Stakes and Hyper-Growth with limitations.
  • Once a trader has more than $500K under management, taking the same trades across accounts is no longer possible.
  • Copy trading from an external account is allowed only if the account belongs to the same trader.
  • Third-party copy trading is not allowed.
High Stakes Program
  • Requires a minimum of 3 profitable days.
  • A profitable day is a day where closed positions generate at least 0.5% of the initial balance.
Bootcamp Rules
  • Stop-loss (SL) is required for all positions and orders.
  • SL in any position must not risk more than 2% of the account balance.
  • 3% daily pause ("soft breach") applies during the funded stage.
  • Opening a position without an SL order or exceeding the 2% risk limit is a risk violation.
Prohibited Practices
  • One-sided bets: Taking consistent positions in a single direction without considering market conditions or analysis.
  • Exploitation of price discrepancies (arbitrage).
  • Trading bracket strategies by placing pending orders around high-impact news.
  • Exploiting system errors, such as price display inaccuracies or update delays.
Inactivity Rule
  • Accounts without new orders for more than 30 consecutive calendar days will expire.
EAs (Expert Advisors)
  • Allowed as long as they comply with the terms and conditions.
News Trading
  • Allowed with no restrictions during Evaluation and Funded stages.

Earn2Trade

Earn2Trade
Inactivity Rule
  • Express Funded Accounts must execute at least one trade every 30 days to remain open.
EAs (Expert Advisors)
  • Allowed with no restrictions.
Consistency Rule
  • Only on Combine Accounts, profits must not exceed 50% of the total profit target.
Express and Funded Accounts
  • After a payout, the remaining capital in the account becomes the maximum allowable loss.
  • The maximum loss limit will always be set to $0 after payout.
News Trading
  • Allowed.

City Traders Imperium

City Traders Imperium
Copy Trading
  • Not allowed.
Inactivity Rule
  • Accounts will be affected after 5 consecutive trading days of inactivity.
EAs (Expert Advisors)
  • Allowed.
Minimum Trading Days
  • 10 days.
Market Closure Rule
  • All positions and working orders must be closed by 3:50 PM CT until 5:00 PM CT.
Daily PnL Limit
  • Over the course of the Evaluation (Challenge phase), no single trading day can exceed 30% or more of your total PnL.
Market Conduct
  • Trading in a manner that does not align with actual market practices in the relevant futures markets or could potentially cause financial or other harm to Earn2Trade is prohibited.
Unrealistic Trading Volume
  • Executing an unrealistic number of contracts in a single day is prohibited.
Maximum Withdrawal from LiveSim
  • The maximum withdrawal from a LiveSim account obtained after any size Gauntlet Mini™ evaluation is $4,000.
  • To withdraw the full $4,000, the trader must reach a profit of $5,000 (the prop firm deducts 20%).
News Trading
  • Allowed.

E8 Markets

E8 Markets
Copy Trading
  • Yes, but proof of the trading account being copied from must be provided.
Inactivity Rule
  • 30 days.
EAs (Expert Advisors)
  • Allowed, you can use personally developed EAs on funded accounts but must submit the source code for verification.
  • Third-party or exploitative EAs are prohibited.
Minimum Trading Days
  • Challenge Programs (1 and 2 steps): Requires at least 3 Profitable Days, each with a profit of 0.5% or greater.
  • Instant Funding and Instant Funding Pro: No minimum number of Profitable Days is required.
Risk Management
  • Risk department may enforce temporary measures like leverage limits or position size restrictions.
  • Applies to: Multiple account blowouts, limited trading history, deviations from trading patterns, frequent risk violations, excessive drawdowns, or high-risk exposure in volatile markets.
Trading Rules
  • Stop-Loss: Must be placed within 1 minute of opening a trade (soft breach if missed).
  • News Bracketing: Prohibited around high-impact events.
  • Gambling Rule: Banned - excessively risky trades or maxing leverage to pass quickly.
  • Account Churning: Multiple accounts traded with high risk to hit targets is prohibited.
  • Multi-Account Reversal: Opposite positions across accounts (hedging/manipulation) is prohibited.
  • Instant Funding program: The first reward can be requested after achieving 5 profitable trading days and a minimum of 2% net profit of the initial balance.
Profitable Day Requirements
  • Challenge Programs: At least 3 profitable days, each with a minimum of 0.5% profit.
  • Instant Funding: No minimum profitable day requirement.
Device Limitations
  • Trading is limited to 2 devices (PC and mobile).
  • Additional device use requires approval with proof via video call.
  • Unauthorized device use results in account termination without a refund.
Account Limits
  • Evaluations phase: No limits.
  • 1-Step & 2-Step funded account: Max 2 x $100K or smaller equivalents.
  • Instant Funding: Max 1 x $80K or smaller equivalents.
  • Instant Funding Pro: Max 1 x $160K or smaller equivalents.
News Trading
  • Evaluation accounts: Allowed.
  • Funded accounts: Not allowed within 5 minutes before or after high-impact news.

FunderPro

FunderPro
Copy Trading
  • Allowed. Traders can copy trades from or to their personal account, another account, or between multiple E8 Trader accounts, including between an E8 Trader account and an evaluation account.
  • Restriction: Traders cannot copy trades (or use the same trading ideas) between multiple E8 evaluation accounts. Each evaluation must be done independently.
Inactivity Rule
  • After 90 days of inactivity, the account is disabled, and there is no entitlement to a refund.
EAs (Expert Advisors)
  • Allowed.
  • Traders can use any EA as long as multiple users are not executing the same trades/strategy.
  • Each user must use their own programmed EA. If multiple users utilize the same EA, it may lead to account termination.
Minimum Trading Days
  • E8 Classic, E8 Track, E8 Track1:1, E8 One: 1 day.
Risk Management
  • Risking your entire account balance on a single trade is not permitted.
  • Excessively risky trading styles violate terms and will result in account termination with a full refund.
  • E8 reserves the right to de-risk trading strategies by limiting risk exposure to no more than 2% per trade idea or time horizon if prohibited practices are detected.
Max Position Size
  • 50 lots per order for FX & commodities.
  • 100 lots per order for indices.
Independent Evaluation
  • Each trading evaluation must be completed independently.
Server Request Limitation
  • 2000 modifications of TP/SL and orders per day.
  • The maximum position limit per day is also 2000.
Hedging
  • Hedging across multiple accounts, even those belonging to the same trader, is strictly prohibited.
Trade Copying
  • In the evaluation phase, copying trades manually or via EAs from one account to another, including from a master account to an evaluation account, is prohibited.
Trade Duration
  • You cannot hold more than 50% of your trades for under one minute.
Payout-On-Demand Rules
  • All Accounts (except 3-step accounts): Default payout method.
  • E8 One & Classic: No single day >40% of total profit.
  • Net profit >50% of daily drawdown.
Daily Drawdown
  • Daily loss limit is now calculated based on the start-of-day balance. Intraday equity fluctuations no longer affect the limit. Profits increase the next day's risk cap; losses reduce it. This applies only to daily drawdown. Max drawdown remains equity-based.

FundedNext

FundedNext
News Trading
  • Allowed: Stellar, Stellar Lite, and Evaluation accounts.
  • Not allowed: Express accounts within 5 minutes before or after high-impact news.

The Trading Pit

The Trading Pit
Copy Trading
  • Copy Trading is allowed between FN challenge accounts only and not on a funded account phase.
  • Total capital across all copy trading accounts must not exceed $300K.
  • The use of cloud-based third-party copier services like Social Trader Tools, Traders Connect, and Duplikum is prohibited.
Inactivity Rule
  • To avoid the account inactivity period, traders can simply login to their account at least once or execute a single trade within a period of 35 consecutive days.
EAs (Expert Advisors)
  • EA's are allowed, only works on MetaTrader 4 and MetaTrader 5.
  • EA must be customized to suit your trading style, Identical trades across accounts are not allowed.
  • Switching between EA and manual trading is not allowed.
Minimum Trading Days
  • Evaluation, Stellar Lite, and Stellar 2-Step Challenges: Require a minimum of 5 trading days.
  • Stellar 1-Step Challenge: Requires a minimum of 2 trading days.
  • Express Account: Requires a minimum of 10 trading days, applicable to both the Challenge and FundedNext accounts.
  • For FundedNext Accounts, there is no minimum trading day requirement for Evaluation, Stellar Lite, Stellar 1-Step, and Stellar 2-Step challenges.
News Trading
  • CFDs and Futures Classic: Trading is prohibited 2 minutes before and after high-impact news events.
  • Futures Prime: News trading is allowed.

Alpha Capital Group

Alpha Capital Group
Copy Trading
  • CFDs: Copy trading between a trader's own accounts is prohibited.
  • Futures: Traders may copy trades manually or automatically in up to 5 accounts.
  • Copying trades between Challenge & Earning accounts is prohibited.
  • Copy trading from a personal external account to TTP accounts is allowed.
  • Copying trades from other traders or external sources is prohibited.
Inactivity Rule
  • If no trade is placed for 21 consecutive days, the account will be considered inactive and suspended.
EAs (Expert Advisors)
  • Allowed as long as they do not engage in prohibited trading activities stated in the terms and conditions.
Consistency Rule
  • Traders must achieve at least 40% of the profit target to meet consistency requirements.
Gambling Rule
  • Traders must maintain consistent lot sizes to demonstrate disciplined and strategic trading practices.
CFD Classic - Scalping Restriction
  • Trades must be kept open for at least 1 minute.
Exploitation of System Errors
  • Strategies that exploit system errors or trade using external/slow data feeds are prohibited.
News Trading
  • Allowed only for Swing accounts.
  • If a trade is initiated within 2 minutes before or up to 2 minutes after a news release (a 4-minute window), its duration must exceed 2 minutes for the trade to be valid.
  • For Alpha Pro accounts, trading around high-impact news is restricted to 2 minutes before or after the news release.
  • For Alpha One and Alpha Three accounts, trading around high-impact news is restricted to 5 minutes before or after the news release.
  • News trading is allowed in all evaluation programs without any restriction.

Audacity Capital

Audacity Capital
Inactivity Rule
  • All accounts will be deactivated after 30 days of inactivity.
  • To avoid deactivation, log in and maintain an active connection.
  • Once deactivated, accounts cannot be restored.
Forbidden Trading Practices
  • All or nothing practices are prohibited.
Average Trade Duration
  • Traders must ensure that the average duration of all their trades exceeds 2 minutes.
  • At least 50% of the requested profit must come from trades that exceed 2 minutes.
Order Block Spamming
  • Entering multiple orders in a short period of time is prohibited.
Drawdown Adjustment Rule
  • If your 6% trailing Max Drawdown resets to the initial balance after reaching a 6% profit, maintain a profit buffer to keep trading.
  • Withdrawing all profits will result in account closure.
Risk Management
  • Consistently losing or risking 3.5-5% in a single trade or sequence of trades closed around the same time is prohibited.
News Trading
  • Traders in the Funded Trader Program cannot hold positions during major news events, including Non-Farm Payroll, interest rate decisions, and central bank speeches.
  • Trading can resume 30 minutes after the event.

Blue Guardian

Blue Guardian
Inactivity Rule
  • Failure to engage in trading activity on a funded account for a consecutive one-month period will result in account termination due to inactivity.
Consistency Rule
  • Traders must demonstrate consistency in trade length and lot size to meet the minimum trading days required for specific programs.
  • Example: Opening one position of 15 lots on one day and then six positions of 0.1 lot on six separate trading days will result in failing the Ability Challenge.
Consistency Score
  • Traders must maintain a score above 70 to be considered consistent.
  • Scores between 50 and 70 will prompt a risk team review to determine if trading should continue until the score exceeds 70.
  • If the score is below 50, trading must continue until it rises above 50.
  • Traders who meet the profit target but not the consistency score must keep trading until they reach the required score.
Tradeable Pairs
  • Traders are allowed to trade major and minor cross pairs.
  • Trading exotic pairs is not permitted.
  • Full list of allowed pairs: Google Spreadsheet.
  • Trading any pair outside the allowed list constitutes a breach.
Dollar Cost Averaging (DCA)
  • DCA, where traders add positions as a trade moves against them, is strictly prohibited.
Swap Free Accounts
  • Funded Trader Program only.
News Trading
  • Allowed with restriction: 5 minutes prior to and after high-impact news.
  • News trading is allowed in all evaluation programs without any restriction.

Finotive Funding

Finotive Funding
Prohibited Practices
  • Trade copier EAs are not allowed.
  • Utilizing one strategy to pass an assessment and then switching to a different strategy in a funded account is prohibited.
Inactivity Rule
  • All accounts will be deactivated after 30 days of inactivity.
Forbidden Trading Practices
  • All or nothing trading practices are prohibited.
Drawdown Adjustment Rule
  • If your 6% trailing Max Drawdown resets to the initial balance after reaching a 6% profit, you must maintain a 1% profit buffer to continue trading.
  • Withdrawing all profits will result in account closure.
Risk Management
  • Risking 3-4% on a single trade with excessive margin and no stop-loss is against the rules.
  • Excessive risk-taking exacerbated by news events is prohibited.
  • A "Boom or Bust" approach where success relies on a single trade or a series of trades linked to a major news event is not allowed.
Consistency Rule - Instant Funding
  • A 20% Daily Consistency Rule applies.
  • You cannot request a payout until your highest profit trading day is below 20% of total profits made in that period.
Consistency Rule - Elite/2-Step Pro
  • No single trading day can contribute more than 50% of total profits.
News Trading
  • Yes, but News Straddling is Prohibited.
Copy Trading
  • Allowed.
  • You can use external copy trading tools to connect your Finotive account with your personal accounts.
  • Copying trades between Finotive accounts of other users is prohibited.
Inactivity Rule
  • 30 days.
EAs (Expert Advisors)
  • Allowed, but avoid strategies like news straddling or holding hedged trades during major news events.
Minimum Trading Days
  • No minimum trading days.
Risk Management
  • Instant Accounts: Total risk per day must not exceed 2.5% of the previous day’s balance across all positions.
  • Instant Funding Accounts: Risk is capped at 50% of the daily drawdown limit across all open trades.
  • Challenge Accounts: No set maximum risk per trade, but sound risk management is strongly advised.
  • Pro accounts: The trader must achieve a net profit of 5% every 90-day period when funded.
Instrument Consistency
  • Funded traders must continue trading the same instrument categories used in the evaluation phase.
  • The asset classes must represent at least 10% of their total notional trading volume from the Challenge phase.
  • This rule prevents traders from gaining access to instruments they haven’t genuinely traded.
Mandatory Stop Loss Rule
  • All trades must have a stop loss within 60 seconds.
  • Challenge accounts: 3-strike warning system before an automatic stop loss is applied.
  • Funded accounts: Automatic stop loss applied after 60 seconds.
  • Traders can manually adjust the substitute stop loss.

Important Changes Log

Note: Key rules for prop firm and highlights of any significant rule changes along with the specific dates of those changes.
Prop FirmChange SummaryChange Date
FunderProFunderPro now fixes the daily loss limit to each account’s start-of-day balance, removing intraday equity swings from the calculation. Profits booked by day’s end increase tomorrow’s daily limit (losses reduce it), creating a clearer, performance-linked risk cap. Overall/max drawdown rules remain unchanged and equity-based, giving traders more predictability while encouraging disciplined growth.2025-08-27
FundedNextFundedNext has introduced a new 1-step Futures challenge dedicated to futures trading, offering more options with accounts ranging from $25k to $100k.2025-04-17
Lark FundingLark Funding has launched its new 2-Step Pro Account featuring a 4% Phase 2 target, first payout on demand, no consistency rules or minimum trading days, and no payout lock. News trading is allowed.2025-04-14
Quant TekelQuant Tekel introduced updates: Quant Instant - 3% payout buffer removed, 2% max risk allowed; QT Prime - Layering rule removed; QT Power - Max risk rule removed, payout on demand standard, daily drawdown raised to 4%.2025-04-09
Ment FundingMent Funding has launched a 1-step Futures challenge: 10% profit target, 3% max daily loss, 6% static max loss, 25% consistency rule (max daily profit cap). Now offering both Forex and Futures 1-step challenges.2025-04-08
BlueBerry FundedBlueBerry Funded has launched a new CFD Stock Challenge with key features: 1,000+ stocks, up to $100,000 in simulated funding, 80% profit split, and unlimited time to pass the challenge.2025-04-04
Top One TraderTop One Trader has launched a new futures firm called Top One Futures, offering a 1-Step Elite Challenge and Instant Sim Funded options.2025-04-03
Alpha Capital GroupAlpha Capital Group has launched Alpha Prime, a professional trading desk with monthly salary, live capital, access to futures, FX, bonds, commodities, plus mentoring and institutional tools.2025-04-02
Maven TradingMaven has launched a new Instant Funding model featuring news trading, a 20% consistency rule, fee refund on third payout, and 10-business-day payout cycles.2025-04-01
Instant FundingInstant Funding has removed Martingale restrictions from all challenge accounts, allowing traders to add to losing positions with more flexibility (without doubling lots).2025-03-31
Funding TradersFunding Traders has launched an Instant Funding model with first payout on demand, 14-day cycles after, up to 100% profit split, 4% daily pause (soft breach), 8% max smart drawdown, and 20% consistency score.2025-03-31
Funding PipsFundingPips has launched a new futures prop firm, FundingTicks, expanding its offering to the futures market. FundingTicks provides three funding models: Instant Funding (FundingTicksZero), 1-Step Evaluations (FundingTicks EOD & FundingTicks Static). These models offer $50K and $100K account sizes with $0 activation fees and a one-time fee.2025-03-07
Quant TekelQuant Tekel has launched a new trading plan, QT Instant, designed for traders seeking to skip evaluation. Key features: Minimum 5 trading days, 3% daily drawdown, 6% max drawdown, 80% profit split, biweekly withdrawals.2025-03-05
Goat Funded TraderGoat Funded Trader has introduced a new trading plan: 2 STEP PRO. Profit Targets: 8% Phase 1 | 4% Phase 2. Drawdown Limits: 4% Daily | 8% Max. Payouts: Bi-weekly (on-demand payouts available).2025-03-05
My Funded FuturesMy Funded Futures has introduced a new program called "Evaluation to Live" Plans, allowing both 1-step and 2-step evaluations for live path access after challenge completion.2025-03-03
AquaFundedAquaFunded has introduced a new trading program called "One-Step Pro" featuring a 12% Profit Target, 3% Daily Drawdown, and 8% Max Drawdown.2025-03-03
Quant TekelQuant Tekel has revamped its offerings, replacing the 1-Step, Advanced, and Flagship programs with the new QT Prime featuring both 2-Step and 3-Step challenge models.2025-03-02
TopstepTopstep has removed the prohibited conduct rule regarding "changing your trading style to become payout eligible," aiming for better clarity and transparency.2025-02-25
Blue GuardianBlue Guardian Reviews VPS Ban: Blue Guardian has reviewed the ban on VPS usage and has decided to reinstate it after the recent ban.2025-02-24
Blue GuardianUpdate VPS, Copy Trading and Guardian Shield rules: VPS and trade copier EAs have been banned, effective immediately for all new purchases. Existing users have a 2-week grace period (until March 6, 2025) before the rule applies to them.2025-02-20
Blue GuardianGuardian Shield Update for Elite/2-Step Pro Challenge: Max breaches reduced from 4 to 2 for new accounts. 50% Consistency Rule introduced for new accounts.2025-02-20
Trade DayTradeDay Updates: New Pricing and Offerings. The firm now offers 2 evaluation models: Intraday and End of Day. Account tiers have been reduced to 50K, 100K, and 150K. All other tiers have been removed.2025-02-19
Trade DayNew Payout Policy: 80% profit share on the first $50K of lifetime withdrawals. 90% profit share from 50K to 100K. 95% profit share beyond $100K. Buffer zone funds are available anytime but are subject to a 50% profit share.2025-02-19
Alpha Capital GroupAlpha Capital Group Launches Alpha Prime: Top traders from Alpha Capital & Alpha Futures can now trade on a live professional floor in London or remotely.2025-02-18
Alpha Capital GroupKey Features: Monthly salary, Live funded account, Trade Futures, FX, Bonds, Commodities, Mentorship & risk management support, Relocation option to London.2025-02-18
Funding TradersInactivity Rule Update: Starting from February 12, 2025, a new inactivity rule will be implemented for all challenge and funded accounts. Accounts that remain inactive for 14 consecutive calendar days will be subject to this rule.2025-02-12
For TradersFor Traders has launched a Futures Prop Firm "For Futures", a new futures prop firm exclusively for US traders for now.2025-02-12
Alpha FuturesAlpha Futures Introduces New Platforms: Tradovate, NinjaTrader, and TradingView are now available for traders.2025-02-12
MyFundedFXUSA New Trader Registration Restricted: Effective immediately, new trader registrations from the USA are restricted. Existing traders are not affected and can continue trading as usual.2025-02-10
MyFundedFXMy Funded FX Rebranding to Seacrest Funded: Starting from 02/10/25, My Funded FX has rebranded to Seacrest Funded, with changes to name, logo, color scheme, and overall aesthetics. This rebrand will not impact traders accounts, payouts, or trading activities, and the transition will be completed smoothly over the next few days.2025-02-10
Goat Funded TraderIntroducing New 3-Step Challenge: 3-Step Challenge features a bi-weekly payout schedule with an 80% profit split, plus a 100% split option add-on. 1:100 leverage, 6% profit targets, 4% daily drawdown, and 8% max drawdown.2025-02-10
Funding PipsIntroducing the 2-Step Pro Evaluation: New 2-step challenge with weekly rewards, 80% profit split.2025-02-09
BrightFundedThe Negative Available Margin Rule has been removed: Traders will no longer receive a soft breach notification if their available margin falls below 100, allowing them more flexibility and drawdown room.2025-02-07
Finotive FundingFlexibility in Trading Strategy: Removed restrictions on average lot sizes and risk exposure in Funded accounts. Traders must trade at least 10% of their Challenge-stage notional trading volume in the same asset classes.2025-02-07
Finotive FundingTransparent Risk Rule: Risk is now calculated from the initial capital for better predictability. Prevents traders from exceeding more than double their remaining effective balance. Grace period for new trades reduced from 120 seconds to 30 seconds.2025-02-07
Finotive FundingMandatory Stop Loss Rule: All trades must have a stop loss within 60 seconds. Challenge accounts: 3-strike warning system before an automatic stop loss is applied. Funded accounts: Automatic stop loss applied after 60 seconds.2025-02-07
Finotive FundingInstant Funding Model Adjustments: Instant Funding accounts now cost 20% more. Higher profit splits increased to 60% (Instant Funding) and 65% (Instant Funding Aggressive).2025-02-07
Goat Funded TraderIntroducing the Instant GOAT Account: Instant funding Plan with no profit targets and fast bi-weekly payouts with 80% profit split (starting), 1:50 leverage, 3% max daily loss, 6% max loss.2025-02-05
Lark FundingIntroducing New Stock Trading Program: 1-Step Pro Challenge with Profit target: 9%, Max Drawdown: 6%, 90% Reward Payouts, No Lock-Upon Payout, No News Restrictions, No Consistency Rules or Minimum Trading Days.2025-02-03
Quant TekelQuant Tekel (formerly Ascendx) has reintroduced the program Flagship: 2 & 3-step challenges with key features: Profit Targets (2-step): Stage 1 - 7%, Stage 2 - 5%. Profit Targets (3-step): 6% for each Step. News trading allowed, NO 2-minute/ 15-second rule.2025-02-03
For TradersFor Traders has started offering Instant Funding programs. Key Rules: Drawdowns: 5% max trailing drawdown, 3% balance-based daily drawdown. Minimum Profitable Days: Trade for at least 7 days with daily profits exceeding 0.5%. Profit Split starts at 70% and increases to 90%.2025-01-21
Darwinex ZeroIntroducing Instant Allocation: New Instant Funding Plan with key features €100K allocation for traders with no performance targets, no time expiries, no drawdown limits.2025-01-20
AquaFundedIntroducing the Instant Funding Standard Model: 3% daily loss, 6% max loss, and bi-weekly payouts with up to a 100% profit split.2025-01-17
Quant TekelA new program launched: QT Power 2-Step Challenge with Daily Drawdown: 3%, Max Drawdown: 8%, Profit Target: Phase 1: 6%, Phase 2: 6%, Consistency Rule: 35%, Max Risk Per Trade: 2%.2025-01-16
City Traders ImperiumCity Traders Imperium has revamped its offerings: Updates to 1-Step Challenge, 2-Step Challenge, and Instant Funding Pro. Payout frequency: First payout on demand, then bi-weekly.2025-01-13
City Traders ImperiumGolden Trader Loyalty Program: Traders can earn exclusive perks as they progress through Bronze, Silver, and Gold tiers.2025-01-13
Nordic FunderNordic Funder has been acquired by FPFX Tech and Prop Account, expanding platform options, including cTrader, DXtrade, and MatchTrader, with liquidity from Intertrader or Zenfinex.2025-01-07
Blue GuardianNew Trading Program Launched: Blue Guardian has introduced the Instant Funded program with 80% Profit Split, No News Restrictions, and Allowed Expert Advisor.2025-01-06
Lark FundingNew Trading Program Launched: Introducing the Instant Funded program with Up To 90% Profit Split, No news restrictions, and No minimum trading days.2025-01-01
Funding PipsA new trading model has been introduced: Funding Pips has launched Funding Pips Zero, an instant funding trading program. Key Features: Profit Split 95%, Payout Frequency: Bi-weekly.2024-12-11
Quant TekelQuant Tekel has launched the QT Advanced program for 2-step and 3-step evaluations. Updates: Removal of the 2-minute rule, 15-second rule, lot size restrictions, and consistency rule.2024-12-09
E8 MarketsE8 Markets has launched E8 Futures, offering traders a diversified opportunity to trade futures with three distinct evaluation models: Beginner, Advanced, and Expert.2024-12-06
TopstepTopstep New Express Funded Account Payout Policy: Traders can request up to 50% of the account balance, with a maximum cap of $5,000 per payout request per account. This applies to all Express Funded Accounts created on or after December 6, 2024.2024-12-05
Blue GuardianBlue Guardian has launched a new prop trading firm for futures traders, Blue Guardian Futures.2024-11-27
Alpha Capital GroupAlpha Capital Group has launched the Alpha Three, a 3-step trading challenge with the following key features: News Trading Allowed, Weekend Holding Allowed, Leverage 1:50.2024-11-26
AquaFundedAquaFunded has launched a new prop trading firm for futures traders, AquaFutures.2024-11-22
AquaFundedNew Trading Program Launched: Introducing the Instant Funded Challenge with Up To 95% Profit Split, 3% Daily Drawdown, and 8% Max Drawdown.2024-11-21
Funded Trading PlusNew Trading Program Launched: Introducing the Prestige Trader Program. Key Features: 2-step evaluation program with a static drawdown structure, payouts every 7 days, up to 100% payout split, opportunity to scale up to $2.5 million.2024-11-18
FundedNextFundedNext Upcoming Changes: Forex and Commodity commissions will now be charged upfront at entry starting November 18, 2024 (MetaTrader 5 servers only).2024-11-13
FundedNextFundedNext Symbol Delisting: BCHUSD, USDTRY, EURTRY, and USDPLN will be removed from all trading platforms due to liquidity issues.2024-11-13

Frequently Asked Questions

Some prop firms allow news trading, while others restrict it. FTMO only permits news trading in their Swing accounts, whereas E8 Markets allows it in evaluation accounts but not in funded accounts.

Violating trading rules can result in account termination. Most firms, such as FundedNext and Apex Trader Funding, will immediately close accounts that exceed drawdown limits or engage in arbitrage strategies.

Liquidity often drops before and after major news releases, leading to wider spreads, increased slippage, and more unpredictable price movements.

Common strategies include news trading, fading overreactions, breakout trading, and hedging to manage risk.

Payout structures vary, but many firms offer profit splits of 70-90%. FTMO provides an 80% default split, while Funded Trading Plus offers up to 100% after scaling.